Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Holdings Lifted by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC increased its holdings in Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) by 13.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,367 shares of the company’s stock after acquiring an additional 655 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco S&P MidCap Momentum ETF were worth $643,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in Invesco S&P MidCap Momentum ETF by 19.3% during the third quarter. LPL Financial LLC now owns 1,744,946 shares of the company’s stock valued at $209,969,000 after purchasing an additional 282,112 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 321,240 shares of the company’s stock valued at $36,619,000 after buying an additional 7,717 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Invesco S&P MidCap Momentum ETF by 12.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 294,088 shares of the company’s stock valued at $33,523,000 after buying an additional 32,271 shares in the last quarter. Affinity Wealth Management LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 1.5% in the third quarter. Affinity Wealth Management LLC now owns 253,773 shares of the company’s stock worth $30,537,000 after buying an additional 3,810 shares during the last quarter. Finally, Foundations Investment Advisors LLC raised its position in Invesco S&P MidCap Momentum ETF by 34.7% during the second quarter. Foundations Investment Advisors LLC now owns 215,906 shares of the company’s stock valued at $24,611,000 after acquiring an additional 55,650 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Trading Down 0.6 %

XMMO stock opened at $131.40 on Friday. The firm has a market cap of $2.57 billion, a PE ratio of 19.24 and a beta of 1.12. Invesco S&P MidCap Momentum ETF has a 1 year low of $85.18 and a 1 year high of $137.14. The company has a fifty day simple moving average of $127.46 and a 200 day simple moving average of $119.67.

Invesco S&P MidCap Momentum ETF Company Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.